🟢 Navan is trading 10.4% up today on broad software sector rally and AI optimism

Navan is trading 10.4% higher at $25.62, moving sharply higher alongside a broad rally in software and tech names.

• The software sector ETF IGV is up over 3% as investors rotate back into growth and AI-exposed software stocks.
• Market sentiment is buoyed by easing geopolitical tensions and optimism surrounding upcoming big-tech earnings.
• The move appears to be primarily sector-driven, as there is no fresh, company-specific news for Navan today.